Archive for the 'money' Category

Prosecutors Crack Insider-Trading Ring

Saturday, July 7th, 2007

Prosecutors Crack Insider-Trading Ring Prosecutors Break Up What They Call One of the Biggest Wall Street Insider-Trading Rings By LARRY NEUMEISTER The Associated Press
NEW YORK - The defendants included husband-and-wife lawyers, registered representatives, compliance personnel and hedge fund portfolio managers who improperly relied on hundreds of tips during five years of illegal trading.
Investigators […]

Yale to Buy Bayer HealthCare Complex

Saturday, July 7th, 2007

WEST HAVEN, Conn.— has agreed to buy the 136-acre Bayer HealthCare complex in a deal that represents its largest land expansion and will help accelerate research into cures for diseases, officials said Wednesday.
Yale will acquire 550,000 square feet of lab research space on the site, which Bayer () decided last year to sell as part […]

More pain on the way for motorists as price of oil surges once again

Saturday, July 7th, 2007

The start of the summer holiday season will see petrol break through the 1 a litre barrier after oil prices surged to their highest level in almost a year, petrol retailers warned last night.
As the global cost of crude came within striking distance of last year’s record high of $78.65 amid fears of a disruptive […]

Internal memos expose drug firm's fears on antidepressant

Friday, July 6th, 2007

DRUG company chiefs were privately concerned about the use of controversial antidepressant Seroxat in under-18s despite supporting it publicly, according to a TV documentary.
Panorama, the BBC current affairs programme, will tonight claim internal documents from the manufacturer, GlaxoSmithKline (GSK), dating back as far as 1999 question the safety of the drug in treating depressed […]

Indian Tech Revenue to Hit New Heights

Friday, July 6th, 2007

The Indian technology sector will generate US$50 billion in revenues during the 2007 financial year, according to industry association Nasscom.
Despite predictions that India’s tech bubble is about to burst, in terms of revenue, there is little sign of the industry slowing down.
Nasscom’s annual survey of the Indian software and services sector found revenues […]